Owl Rock Capital Corp. (ORCC) is a business development company, which lend to privately held companies, some of whom may also be backed by a separate sponsor, such as a private equity fund, which adds some security to the mix. ORCC is one of the biggest players in the BDC arena, with a $5.57B market cap. It mainly focuses on middle market firms, with an average revenue of ~$449M, average EBITDA of $104M, and average leverage of 5.5X. The Loan to Value averaged 45% across its portfolio.
Source: Seeking Alpha
Related Articles:
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.